Cosan S.A. (BVMF:CSAN3)

Cosan Income Statement

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	43,771	43,951	39,468	39,323	24,907	13,509
Revenue Growth (YoY)	10.28%	11.36%	0.37%	57.88%	84.38%	-0.38%
Cost of Revenue	30,073	30,236	28,550	30,557	19,123	9,816
Gross Profit	13,698	13,715	10,919	8,766	5,784	3,693
Selling, General & Admin	4,452	4,421	3,879	3,034	2,215	1,934
Other Operating Expenses	-944.99	-1,550	-546.29	-223.75	-188.15	-92.74
Operating Expenses	3,507	2,871	3,332	2,811	2,027	1,841
Operating Income	10,191	10,843	7,586	5,955	3,757	1,851
Interest Expense	-7,326	-7,637	-4,921	-5,120	-3,768	-824.77
Interest & Investment Income	2,671	-	3,847	2,177	992.05	434.42
Earnings From Equity Investments	-688.46	489.05	2,046	326.72	4,720	598.72
Currency Exchange Gain (Loss)	-3,416	-5,741	1,777	260.75	-608.66	-1,613
Other Non Operating Income (Expenses)	-123.59	4,629	-3,333	-5,268	907.72	872.02
EBT Excluding Unusual Items	1,309	2,583	7,003	-1,668	6,000	1,319
Gain (Loss) on Sale of Investments	-4,827	-4,672	-3,147	4,373	-	-
Gain (Loss) on Sale of Assets	154.72	-	-17.02	-13.04	6.77	-11.96
Asset Writedown	-2,168	-3,155	2,260	1,312	17.12	-
Legal Settlements	-1,020	-	-985.25	-1,451	-540	-72.39
Other Unusual Items	168.86	-	-	99.34	416.27	-68.31
Pretax Income	-6,382	-5,245	5,114	2,653	5,900	1,167
Income Tax Expense	4,253	3,191	274.43	-118.4	-450.75	257.85
Earnings From Continuing Operations	-10,635	-8,436	4,839	2,771	6,351	908.81
Earnings From Discontinued Operations	273.88	273.88	45.42	49.85	-	-
Net Income to Company	-10,361	-8,162	4,885	2,821	6,351	908.81
Minority Interest in Earnings	-658.81	-1,262	-3,790	-1,645	-227.56	-56.96
Net Income	-11,020	-9,424	1,094	1,176	6,123	851.86
Net Income to Common	-11,020	-9,424	1,094	1,176	6,123	851.86
Net Income Growth	-	-	-6.94%	-80.79%	618.81%	-64.88%
Shares Outstanding (Basic)	1,861	1,880	1,867	1,869	1,835	1,542
Shares Outstanding (Diluted)	1,861	1,880	1,874	1,875	1,839	1,547
Shares Change (YoY)	-0.70%	0.30%	-0.01%	1.92%	18.92%	-2.14%
EPS (Basic)	-5.92	-5.01	0.59	0.63	3.34	0.55
EPS (Diluted)	-5.92	-5.01	0.58	0.63	3.33	0.55
EPS Growth	-	-	-6.86%	-81.17%	507.93%	-64.31%
Free Cash Flow	4,282	5,247	4,008	5,441	1,155	1,090
Free Cash Flow Per Share	2.30	2.79	2.14	2.90	0.63	0.70
Dividend Per Share	-	0.451	-	0.429	0.803	0.258
Dividend Growth	-	-	-	-46.61%	211.62%	-
Gross Margin	31.29%	31.20%	27.66%	22.29%	23.22%	27.34%
Operating Margin	23.28%	24.67%	19.22%	15.14%	15.09%	13.71%
Profit Margin	-25.17%	-21.44%	2.77%	2.99%	24.58%	6.31%
Free Cash Flow Margin	9.78%	11.94%	10.16%	13.84%	4.64%	8.07%
EBITDA	13,368	14,712	10,419	8,509	5,614	2,462
EBITDA Margin	30.54%	33.47%	26.40%	21.64%	22.54%	18.23%
D&A For EBITDA	3,176	3,869	2,832	2,554	1,857	610.63
EBIT	10,191	10,843	7,586	5,955	3,757	1,851
EBIT Margin	23.28%	24.67%	19.22%	15.14%	15.09%	13.71%
Effective Tax Rate	-	-	5.37%	-	-	22.10%

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.